Wedbush Securities Launches 24-hour Trading

Wedbush Financial Services’ largest subsidiary, Wedbush Securities, has launched 24-hour trading capabilities to offer extended market access to clients, particularly in Asia-Pacific time zones, according to a story in Forefront news. The offering has been developed through partnerships with Blue Ocean Technologies and OTC Markets Group, and makes use of alternative trading systems Blue Ocean ATS, MOON ATS and OTC Overnight to enable overnight sessions during Asia-Pacific hours, specifically covering 8pm to 4am ET. Through the three alternative trading systems, clients will have extended access to US-listed securities and OTC equity trading.  “Our 24-hour trading capability marks a major step forward in providing clients with the market access they demand in today’s fast-paced global environment,” said Burke Dempsey, EVP, head of investment banking and capital markets at Wedbush.  “By partnering with Blue Ocean and OTC Markets, we are already bridging the gap across time zones to offer continuous liquidity and execution support.” The firm has also said that clients are already making use of the new service to access markets at expanded trading hours.